MERRY CHRISTMAS 2014–US RECOVERY GAINING CONFIDENCE WITH A 5% GDP AND THE DOW REACHING 18,000 AND OIL PRICE ITS LOWEST IN YEARS–LET THE GOOD TIMES ROLL

The U.S. economy is gaining confidence, with diverse indices indicating a recovery. A bullish U.S. economy used to pull Korea's growth rate up immediately, but economists say it is not that simple these days as the weak yen is expected to hurt Korea's exporters.

The U.S. posted 5 percent GDP growth in the third quarter, the quickest pace in 11 years.

The country is recovering in private consumption and corporate investment.
Real personal consumption, which makes up two-thirds of the U.S. economy, increased 3.2 percent, and business investment 8.9 percent.
The benchmark Dow Jones index passed 18,000 for the first time.
A U.S. recovery, of course, is never bad for Korea.

http://www.koreatimes.co.kr/www/news/biz/2014/12/488_170490.html

http://quotes.wsj.com/index/DJIA

http://henrypatrick1736.blogspot.com/p/finance.html